AdEx Is Ready To Grow (Long-Term Bullish, Since 2022)
AdEx (ADXUSDT) bottomed November 2022, almost two years ago. We've been seeing bullish action within a widening ascending channel. When the upper boundary of the channel is challenged we get a correction; when the lower boundary of the channel is tested we get a bullish wave. There is reason to belief that this pattern will continue to repeat and it is repeating now as ADXUSDT goes bullish.
We have a very strong higher low in August 2024 compared to late 2022. The session that produced the higher low closed as hammer, which signals the end of a tend and thus a reversal. This signal is being confirmed with a full green candle now and a move above local resistance as well as a long-term resistance line.
So the doors are open for growth. The chart is bullish and pointing up. We follow the chart.
Of course, you can find ADXBTC by looking at the 'Related publications' below.
Thank you for reading.
Namaste.
We have a very strong higher low in August 2024 compared to late 2022. The session that produced the higher low closed as hammer, which signals the end of a tend and thus a reversal. This signal is being confirmed with a full green candle now and a move above local resistance as well as a long-term resistance line.
So the doors are open for growth. The chart is bullish and pointing up. We follow the chart.
Of course, you can find ADXBTC by looking at the 'Related publications' below.
Thank you for reading.
Namaste.
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